Synopsis:
The stock surged nearly 9% after a Japanese firm announced plans to acquire a 25% promoter stake, followed by an open offer for majority control. Strong global presence, product innovation, and steady financial performance reflect growing investor confidence and expansion potential in the decorative laminates sector.
The shares of the leading laminate manufacturers gained up to 9 percent in today’s trading session after Japan’s AICA Kogyo is likely to acquire a 25 percent stake from the company’s promoter and promoter-family group.
With a market capitalization of Rs 3,475.20 crore, the shares of Stylam Industries Ltd closed at Rs 2,050.50 per share, increased around 8.95 percent as compared to the previous closing price of Rs 1,909.35 apiece.
Deal
The shares of Stylam Industries Ltd have seen bullish movement today after Japan’s AICA Kogyo Co. Ltd plans to acquire a 25% stake from promoters, followed by an open offer to raise its holding to 51% or more, signaling a potential change in control.
Furthermore, if the open offer doesn’t lift AICA Kogyo’s stake to a majority level, it may buy additional shares directly from promoters. The transaction is reportedly valued between Rs 2,200 and Rs 2,500 per share, indicating strong investor confidence in the company’s valuation and growth prospects.
Additionally, AICA Kogyo, based in Nagoya, Japan, is a global leader in chemical and building materials, producing laminates, adhesives, coatings, and construction materials. With manufacturing hubs across Asia and North America, it entered India in 2011 via AICA Laminates India Pvt. Ltd., known for its premium decorative laminate brands ‘Sunmica’ and ‘AICA,’ serving the growing interior and construction markets.
Financial Highlights
The company reported solid revenue growth of 16%, rising from Rs 243 crore in Q1FY25 to Rs 283 crore in Q1FY26, reflecting strong business momentum. However, net profit remained stable at Rs 28 crore, indicating that while sales expanded, margins likely faced pressure from higher input or operating costs.
Stylam’s product portfolio showcases innovation in laminates, cladding, cubicles, and tiles. Ranging from anti-fingerprint, high-gloss, and digital laminates to robust exterior cladding, modular restrooms, and chemical-resistant surfaces, Stylam products offer durability, advanced design, and versatile applications for interiors, exteriors, and laboratories, making them ideal for both aesthetic and functional requirements.
Stylam stands out for its innovation in laminates, operating one of Asia’s largest plants with a 16 million annual sheet capacity. As pioneers in technologies like Hot Coating and solid acrylic surfaces, Stylam holds international certifications, a dedicated 2,500-strong team, and is expanding further with a new Panchkula plant, continuously driving quality and growth in the industry.
Stylam Industries is engaged in the manufacturing of decorative laminates and exports its products primarily to European and Southeast Asian countries. It manufactures a wide range of high-quality decorative laminates, specialty surfaces, PU+ lacquer coating, solid surfaces, and compact laminates.
Written by Abhishek Singh
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